Greek Neobank Snappi Granted Universal Banking License by ECB

Learn about how Snappi, a Greek neobank, secured a universal banking license from the ECB with the support of the Bank of Greece.

Snappi, a new neobank created through a joint venture between Athens-based Piraeus Bank and core banking software vendor Natech, has recently obtained a new license that allows it to offer a wide range of banking services. This includes the ability to provide loans and accept deposits from customers. While specific dates for its full public launch have not yet been announced, Snappi has stated that it will be focusing on improving its banking operations and integration points in order to deliver a fresh and innovative digital experience for its customers.

The partnership between Piraeus Bank and Natech brings together expertise in traditional banking and cutting-edge technology, positioning Snappi as a promising player in the neobank space. By combining the resources and knowledge of both entities, Snappi aims to provide customers with a seamless and convenient banking experience that meets their evolving needs in the digital age.

As the neobank continues to work on enhancing its operations and digital offerings, customers can look forward to a new and innovative approach to banking that prioritizes convenience, efficiency, and customer satisfaction. With a focus on delivering a superior digital experience, Snappi is poised to make a significant impact in the banking industry and attract a new generation of tech-savvy customers.

The partnership between Piraeus Bank and Natech has paved the way for the creation of Snappi, a neobank that is set to revolutionize the banking experience for customers. With its new license and focus on digital innovation, Snappi is well-positioned to become a key player in the evolving landscape of digital banking.